Transformative Leadership Academy

Analysis

Transformative Leadership Academy is a registered charity in United States, based in Monahans, TX. It received its IRS tax-exemption ruling in January 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2022, Transformative Leadership Academy reported income of $1.1m and spending of $752k, leaving 33% of income unspent that year. Across the 3 years on record, from August 2020 to August 2022, income grew from $832k to $1.1m (+34%), an average of +16% a year. The sharpest change came in the year to August 2022, when income rose by 57%. Over the whole period it spent 65% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Transformative Leadership Academy sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 84th percentile within TX. Charities of a similar size with the same main cause include Urban Mennonite Ministries Incorporated ($1.1m), Cuyahoga County Public Library Foundation ($1.1m) and Anchor Academy Inc ($1.1m).

On its Form 990 for the period ending August 2022, revenue came from contributions and grants 30% and program service revenue 65% of the total. Other salaries and wages came to $461k. At year end it held assets of $1.4m against liabilities of $512k, net assets of $937k.